Avison Young is pleased to present the unique opportunity for an owner-user or developer to acquire a prominently located corner site in Lower Lonsdale. The Property is currently improved with a 3,982 sf standalone, owner-occupied industrial building with unobstructed views of the ocean and downtown Vancouver. The current M-1 (Service Industrial) zoning permits a wide range of industrial uses, allowing for a variety of industrial users to occupy the building. The City of North Vancouver Official Community Plan (OCP) designates the Property as Residential Level 5, allowing for a maximum density of up to 2.6 FSR and the potential to build a mid-rise apartment building with a total buildable area of 18,621 sf.